Roadmap to Insurance Renewal – Exit 2
Our 2nd stop on the Roadmap to Renewal is the "Underwriting Phase".
Exit 1 - Pre-Renewal (100 - 120 Days Prior To Renewal Date)
Discuss Open Claims and Closure Strategy
Openly Communicate Budget Expectations for Future Bidding Purposes
Review Risk Management Strategies to Help Mitigate Potential Claims
Discuss Current Market Conditions for Roofing Professionals
Communicate Current Exposures to Roofing Industry
Discuss: Projections, Updates, and Limits
Discuss Optional Essential Coverages (i.e. Cyber, Pollution, E&O, EPLI, Crime, etc.)
Provide an analysis of Workers' Comp Experience Mod (NCCI Worksheets)
Review Scope of Work and Match Insurance Program with Partner Carrier
Obtain Updated Certificate Holder List
Exit 2 - Underwriting Phase (75 - 100 Days Prior To Renewal Date)
Large Claim Description and Action Plan to Prevent Re-Occurring
Obtain Updated Projections and Underwriting Data to Submit to Partner Carriers
Discuss Budget Objectives to Match Roofing Clients' Expectations
Are you following the road map to a successful renewal?
If not, contact Roofing Risk Advisors to help you reduce costs,
fuel margins, and increase profitability.